1、 Overview of the New Energy Driven Motor Industry
The drive motor system is one of the three core components of new energy vehicles. The motor drive control system is the main execution structure in the operation of new energy vehicles, and its driving characteristics determine the core performance indicators of vehicle operation. It is an important component of electric vehicles.
The switched reluctance motor consists of a doubly salient stator and rotor, both of which are made of ordinary silicon steel sheets stacked together. There are concentrated windings on the stator poles, which connect two radially opposite windings in series to form a two-stage magnetic pole, known as “one phase”; The rotor has neither windings nor permanent magnets, and is only composed of stacked silicon steel sheets.
Comparison of Four Types of Drive Motor Structures
2、 Production and sales of new energy vehicles
China’s automotive industry has made significant progress in the field of new energy vehicles, especially in the area of pure electric vehicles. According to data from the China Association of Automobile Manufacturers, in 2020, the production of new energy vehicles in China reached 1.366 million units, a year-on-year increase of 9.99%, and sales reached 1.367 million units, a year-on-year increase of 13.35%.
Production and Growth of New Energy Vehicles in China from 2011 to 2020
Sales and Growth of New Energy Vehicles in China from 2011 to 2020
3、 The current situation of the new energy drive motor industry
The installed capacity of new energy vehicle drive motors has steadily increased, reaching 1.463 million units in 2020, a year-on-year increase of 10.5%. It is expected that the installed capacity will exceed 10 million units by 2025.
The installed capacity of drive motors for new energy vehicles in China is increasing year by year from 2016 to 2025
Benefiting from the rapid growth of downstream sales of new energy vehicles and the increase in the number of motors per vehicle, the market for new energy vehicle drive motors continues to grow. According to data, the market size of new energy vehicle drive motors in China reached 21.62 billion yuan in 2020, a year-on-year increase of 4.95%, with an overall slowdown in growth rate.
Scale and growth rate of China’s new energy vehicle drive motor market from 2016 to 2020
Related report: “2021-2026 China Electric Vehicle Drive Motor Industry Deep Evaluation and Investment Planning Proposal Report” released by Huajing Industry Research Institute
4、 The competitive landscape of the new energy driven motor industry
The concentration of the drive motor market is not high. According to statistics, in 2020, the combined market share of the top three enterprises was 29.8%. BYD, Tesla, and Fangzheng Electric ranked among the top three in terms of market share, accounting for 13.2%, 9.9%, and 6.7% respectively.. BYD and Tesla are both vehicle manufacturers, while Fangzheng Electric is a third-party independent motor company.
Market share of new energy motors in China in 2020
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